Problem: Prepare your response to Exercise 2.1 on page 64 of the Pynes text. Sixty-eight percent of the respondents noted their workforce has shrunk since the 2007-2008 economic downturn. Twenty-two percent of the respondents noted that employees had accelerated their plans for retirement. Fifty-one percent of the respondents noted pay freezes. Fifty-two percent of the respondents noted hiring freezes. Twenty-eight percent of the respondents laid off employees.
1. Develop a SHRM plan for addressing each of those workforce changes: reduced workforce, increased retirements, pay freezes, hiring freezes, and layoffs.
2. Which SHRM plan was the most difficult to develop?